Alma, WI Divorce Buyout in Wisconsin
Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Wisconsin, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
Return to divorce buyout in the state of WI
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| Alma, Wisconsin News |
State Supreme Court stands behind Pepin officer's actions
The Wisconsin State Supreme Court ruled Tuesday that a Village of Pepin police officer was right to search a container near a stopped vehicle and the evidence from the container can be used The case involves ...
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Online
WEDNESDAY, 6:16 p.m., East Hamilton Avenue and Highway 93. A vehicle driven by Brianna M. Plank, 18, E3180 Benrud Lane, was southbound on Highway 93 when it collided with a vehicle driven by Brandie J. Steinke, ...
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Ridgerunner Reports: Telemetry teams track 10 tagged tundra swans
Though we have seen tundra swans in the region throughout November, I learned Thanksgiving week that some of them were actually transmitting the story of their journey through radio telemetry.
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Property insurance costs rising in Buffalo County
Buffalo County could spend 35 percent more for property insurance coverage next year when it switches to a new provider.
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Luedke, Clara Alma Matilda
Clara Alma Matilda Luedke, Neenah, age 91, went to her eternal home on Monday, November 24, 2008.
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Swans signal winter is near
Pressured south by cold and ice, tundra swans are migrating south in V's that look like zippers closing the sky and encasing the region in the winter they are fleeing.
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Enrollments slipping here, too
Local school districts, in the midst of developing long-range plans and possible referendums, are continuing to grapple with problems of declining enrollments.
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Whistlin' away
Tundra swans rest and feed Monday on Rieck's Lake near Alma, Wis. Thousands of swans stop here every autumn while migrating from the Arctic Circle to Chesapeake Bay.
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Ten days out for entertainment: Nov. 14 - 23
The eighth annual "My Favorite Things" handmade craft show is being put on by Sally Bystrom and Friends in Old Frontenac.
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Veterans Day Programs and Events
ALMA 10:40 a.m. Ceremony at the Alma Area Schools at S1618 State Road sponsored by American Legion Post 224 and Auxiliary CLINTONVILLE 11:00 a.m. Program at the Dam on Main Street sponsored by VFW, AL, and DAV ...
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Alma enrollment down by a third in past decade
Enrollment in the Alma, Wis., school district has declined more than all other districts in the state but one in the past decade, according to statistics compiled by the Wisconsin Taxpayers Alliance.
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Squires, Robert E.
Robert E. Squires, 86, Manawa, passed away at his home Saturday, Oct. 25, 2008. He was born May 8, 1922, in the Town of Alma near Black River Falls to George and Odanah Squires.
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Alma: No to pay cuts; Council considers eliminating elected positions
The Alma, Wis., City Council has voted down a proposal to cut pay for the town's mayor and other elected officials.
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Victim was small but with big heart
Kyle William Nelson used leg extensions to drive semitrailer trucks. Sobering Reminders Interactive Graphic: Drunken driving touches every corner of Wisconsin.
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Mabel Tainter to host senior variety show
Performers rehearsed recently for the Senior Spotlight, which will be Saturday at Mabel Tainter Center for the Arts in Menomonie.
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This Week at Mabel Tainter Center for the Arts
Click to enlarge image Rehearsals are in full swing for Senior Spotlight, scheduled for Saturday, Oct.
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Reader, Marie E.
Marie E. Reader, age 86, of Rhinelander, died peacefully with her family by her side on Wednesday, September 17, 2008, at Cherry Meadows in Appleton after a courageous battle with bone cancer.
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Woman injured in Buffalo County crash
One woman was injured in a one-car crash at about 11:30 a.m. Thursday near Highway 35 and Spring Creek Road near Alma, Wis., according to the Buffalo County Sheriff's Department.
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Former Alma council member accused of lighting own house on fire
A former city council member in Alma, Wis., has been charged with felony arson for allegedly setting fire to a closet in her family's house.
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Back roads: This old house will stare across the fields no more
KELLOGG -- The old farmhouse had two big second-story windows that looked like eyes staring across the fields and the river toward the two giant smokestacks of the Alma, Wis., power plant.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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